Business rates at the 2026 revaluation: what the official figures show

Published 17 October 2026. Based on official releases published 1 April 2026 and 14 May 2026.

Total rateable value in England is £81.8bn on the 2026 rating list, up 19.6% on the 2023 list.

At March 2026 there were 2,013,470 rateable business properties in England.

Across the 291 councils with at least 2,000 rateable properties, the median change in total rateable value between the 2023 and 2026 lists was up 17.0%.

The middle half of those councils saw changes between up 15.1% and up 19.2%.

This post sets out what the two official releases show, region by region, and then the councils with the biggest rises.

What was published

Contains public sector information licensed under the Open Government Licence v3.0.

England at a glance

Total rateable value, 2026 list£81.8bn
Change at the 2026 revaluation+19.6%
Median council change (ranked councils)+17.0%
Middle half of ranked councils+15.1% to +19.2%
Rateable properties, March 20262,013,470
Properties at £500,000 and over, March 202616,900

By sector

Change in total rateable value, 2023 list to 2026 list:

SectorChange
Retail+10.0%
Office+14.6%
Industrial+21.4%
Other commercial+28.5%

Other commercial had the largest rise by sector, and Retail the smallest.

By region

London had the largest rise of the nine regions, and East Midlands the smallest.

RegionChange, 2023 to 2026 listTotal rateable value, 2026 listProperties, March 2026
London+22.5%£25.0bn314,050
South East+19.7%£12.6bn297,630
North West+19.3%£8.7bn288,600
East of England+18.3%£8.1bn214,230
North East+17.8%£2.6bn90,020
Yorkshire and The Humber+17.8%£6.1bn209,380
South West+17.7%£6.6bn233,530
West Midlands+17.4%£6.8bn204,700
East Midlands+16.4%£5.4bn161,330

Region by region

  • London: total rateable value is up 22.5% on the 2023 list, against up 19.6% in England. The middle half of its 33 ranked councils saw changes between up 16.1% and up 21.6%.
  • South East: total rateable value is up 19.7% on the 2023 list, against up 19.6% in England. The middle half of its 63 ranked councils saw changes between up 14.8% and up 18.6%.
  • North West: total rateable value is up 19.3% on the 2023 list, against up 19.6% in England. The middle half of its 35 ranked councils saw changes between up 16.0% and up 19.4%.
  • East of England: total rateable value is up 18.3% on the 2023 list, against up 19.6% in England. The middle half of its 45 ranked councils saw changes between up 14.5% and up 19.3%.
  • North East: total rateable value is up 17.8% on the 2023 list, against up 19.6% in England. The middle half of its 12 ranked councils saw changes between up 15.4% and up 19.3%.
  • Yorkshire and The Humber: total rateable value is up 17.8% on the 2023 list, against up 19.6% in England. The middle half of its 15 ranked councils saw changes between up 16.9% and up 19.3%.
  • South West: total rateable value is up 17.7% on the 2023 list, against up 19.6% in England. The middle half of its 26 ranked councils saw changes between up 14.7% and up 18.7%.
  • West Midlands: total rateable value is up 17.4% on the 2023 list, against up 19.6% in England. The middle half of its 30 ranked councils saw changes between up 15.7% and up 19.5%.
  • East Midlands: total rateable value is up 16.4% on the 2023 list, against up 19.6% in England. The middle half of its 32 ranked councils saw changes between up 13.8% and up 18.0%.

Councils with the biggest rises

A council's total rateable value can be moved by a small number of very large properties, so these changes do not describe a typical business. The official commentary notes, for example, that the large rise in the Transport sub-sector was driven by airports. Read the official commentary.

Hillingdon, Crawley and Dover were the first three councils in the ranking.

RankCouncilRegionChange, 2023 to 2026 listProperties, March 2026
1HillingdonLondon+101.9%8,950
2CrawleySouth East+85.8%3,730
3DoverSouth East+75.9%4,250
4UttlesfordEast of England+59.7%3,530
5LutonEast of England+44.3%5,600

How the ranking works

  • Councils are ranked by the change in total rateable value between the 2023 and 2026 lists, biggest rise first.
  • Only the 291 of 296 councils with at least 2,000 rateable properties at March 2026 are ranked, because a percentage change across very few properties can be dominated by a handful of them.
  • Councils with the same percentage change are listed with the larger council first, then in alphabetical order.
  • Regions with the same percentage change are listed in alphabetical order.
  • The median and the middle half are calculated by us from the published council totals, as is the ranking.

Reading these figures

Counts are rounded to the nearest 10 and rateable values to the nearest £1,000, as published, so totals may not add up exactly.

These are statistics about areas. They are not a valuation of any property, and not valuation, legal or tax advice.

More: the State of Business Rates in England 2026, the nine regional pages above, Browse Business Rates by Area, how we work this out and all news.